Business
Partnership between Elecosoft and Nodes & Links
Partnership between Elecosoft and Nodes & Links.
About this update from Eleco Plc
[{"type":"text","content":"\n\nRNS REACH \n7th September 2023\nEleco Plc\n(\"Eleco\", the \"Group\" or the \"Company\")\n \nPartnership between Elecosoft and Nodes & Links:\nElecosoft and Nodes & Links bring AI into the world of construction planning\n \nThe Board of Eleco plc (AIM: ELCO), the specialist software provider for the built environment, is pleased to announce that its trading Building Lifecycle branded business Elecosoft has entered into a partnership with the AI planning co-pilot platform, Nodes & Links, to provide enhanced AI capabilities to the customers of its award-winning Asta Powerproject solution.\n \nThe AI capability will provide greater reliability and programme forecasting whilst improved risk management will reduce the time and cost overruns that continue to impact projects, in turn improving productivity.\n \nOver the next three years, as the partnership and technology advances, generative AI will support and enable project delivery teams to focus on high-value activities like strategy development, acceleration analysis, risk reduction and leadership. Construction company BAM Nuttall is the first Elecosoft customer to take advantage of the partnership.\n \nMark Chapman, Head of Innovation at Elecosoft, said:\n \n\"Elecosoft has a long, proven history of listening to client feedback and adapting our services to meet their current and future pain points. This partnership is underpinned by deep industry knowledge and a commitment to our customers, from both sides. The combined power of the Asta Powerproject ecosystem - which helps teams plan reliably - and the insights and time-saving capabilities of Nodes & Links will be a genuine game-changer for project planning. Meanwhile, we are continuing to curate an ecosystem of industry partners and customer focussed emerging technology that is easier for customers to deploy, use and get fast results from.\"\n\nGreg Lawton, CEO of Nodes & Links, said:\n \n\"Our goal is to integrate AI assistants into all parts of the scheduling process, covering planning, updating, analysing and reporting and then planners will be able directly to influence and lead their own teams of AI assistants so that additional expertise can be incorporated in the interpretation of real time information. This is the first...